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. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a good place right now. really? folks, as liberals we need
to remain. a big ridge of high pressure in control there and the drought will continue to worsen. it's not just the heat, it's also the storms. usually the big area of high pressure like you see on the map, you get storms to the north and east side of it. we'll see severe weather in the northeast and the coast guard still looking for two missing boaters out of chicago. they had gusts over 60 miles an hour in a storm and they overturned some of the boats in the water. back to you. >> heat still dangerous across the country in many places. >>> casey anthony has been a free woman for almost 35 hours, but where did she go and who is helping her as she transitions back into society? kerry sanders has the latest details shortly on that. >>> treasury secretary tim geithner speaking this morning that this morning specific items regarding the debt deal. one of the options that senators harry reid and mitch mcconnell or working on raising the debt ceiling in exchange for $1.5 trillion in cuts over ten years. this would also create a new congressional panel that would study ways to reduce the d
're still fighting that fight? >> look, the big grand bargain is still on the table. that deal is there if the speaker wants to return to the table and negotiate it. we came very close. the president and the speaker did. and that opportunity still exists. secondly, the helpful proposal senator reid put out does not include up front the tough issues of entitlement reform or tax reform, it creates a committee that would look at those issues on a fast-track basis by the end of the year. that's not possible, we prefer one that does it all at once. however this turns out if we don't get the tough issues addressed because they're essential to address the deficits and long-term debt we're going to return to the debate. because the public supports a balanced approach. it's not the right way to do this if we don't ask sacrifice from everybody. not just one sector or a limited number of sectors from the society. >> let's listen to what the president said last night, to voice support for a bipartisan deal. let's listen. >> the american people may have voted for divided government, but the
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
is a big part of the reason why. before i served in congress, i ran a small business in ohio. i was amazed at;h$ow different washington, d.c. operated than every other business in america, where most american businesses make the hard choices of paying their bills and living within their means, in washington, more spending and more debt is business as usual. i've got news for washington, those days are over. president obama came to congress in january and requested business as usual. he had another routine increase in the national debt, but we in the house said not so fast. he was a president asking for the largest debt increase in history on the heels of the largest spending increase in history. here's what we got from that massive spending binge, a new health care bill most americans didn't ask for, a new spending bill that's more useful for producing material for late night comedians than jobs, and a debt that sparked a crisis without precedent in my lifetime or yours. the united states cannot default on its debt limitations. what we told the president in january was this, the american
the economic and political benefits of a big deal now and one that maybe included stimulus and one that would have resuscitated the brand as a post-partisan leader, and one that would have taken the deficit off of the table for election of 2012. a good deal? maybe for the democrats who like bad deals and yet, he might accept it. joining me is senator kent conrad to talk about the deal. senator, welcome. >> good to be with you, ezra. >> this is the reid/mcconnell deal and not just the mcdonnell deal, and billed by republicans and democrats alike, so what do the democrats see in it? >> i think that about the only thing that anyone can see in it that is positive is averting the catastrophe that would come to the country if we did not extend the debt ceiling and if we fail to meet the obligations and fail to pay our bills, interest rates would spike, and markets would crash, and the economy would flounder. we would be in a very serious situation going forward. so, about the only good thing that it does is to avert that kind of catastrophe. >> but then, what is -- and i agree with you completely o
, the smaller the people. and right now we have a government so big and so expensive it is zapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you are spending more than you are taking in, you need to spend less of it. there's no symptom of government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we're up to the task. and i hope president obama will join us in this work. god blets you and your family and god bless the united states of america. >> that was speaker of the house john boehner responding to the speak address of the president of the united states. called a stalemate over the debt ceiling negotiations. speaker boehnor said there was no stalemate, making the case that there was no stalemate simply because he has been able to pass some bills in the house of representatives only that address this with absolutely no possibility of passing that legislation through the united states senate. ignoring the stalemate, he ignored many of the specifics raised
could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> rupert murdoch's son james is now being accused of not telling the truth during a key part of his testimony to parliament tuesday. during tuesday's testimony, james murdoch said he was never told about a vital email suggesting reporter neville thur elback was involved in phone hacking. but today, collin miler, editor of "news of the world" just before it shut down and tom crone, the paper's former head of legal affairs, said they had told murdoch of the email which included transcripts of hacked voicemails. in a joint statement, they said -- >>> news corp. then issued this statement. >>> news corp. then issued this statement. james murdoch stands by his testimony to the select committee. the committee chairman may ask james murdoch to appear again before parliament to clear up that matter. this cartoon appeared in today's edition of murdoch's british newspaper "the times," under the wor
of that. >> and big surprise, a very, very sharp contradiction in james murdoch's testimony plays out today. and the murdoch response was basically no response at all. >> right. you know, the interesting character to watch there is tom crone, the lawyer. he's made clear that he's not going to be the fall guy here. and if they -- if the murdochs and news corp. try to lay everything on him, because he was the chief lawyer for "news of the world," he's not going to sit idly by. so if the brits are looking for a john dean character in all this, i would think that tom crone is the guy to watch, and the statement today contradicting james murdoch's testimony about that e-mail is the first sign that he may in fact be willing to go there. >> nbc news national investigative correspondent michael isikoff. thank you for joining me tonight, michael. >> thank you, lawrence. >>> coming up, virginia governor bob mcdonald flip-flops on the debt ceiling, even though he never actually understood what the debt ceiling was in the first place. that's in tonight's "rewrite." >>> and later, one of our favor
really big adult moment for the new republican majority and for people who've never been in politics, it's going to be one of those grows moments. it's going to be difficult. i'm certainly well aware of that, but we'll have to find a way to help educate members and help people understand the serious problem that would exist if we didn't do it." john boehner has worked harder and done more than any other republican in the house to, as he put it, educate members and help people understand the serious problem that would exist if we didn't do it. but john boehner's best has not been good enough. he has been elected to the speakership with the votes of economically uneducatable tea party republicans who have no ability to comprehend the seriousness and the necessity of raising the debt ceiling, and so tonight in what john boehner was hoping would be the tea party's "first really adult moment," john boehner has been forced to bring a bill to a vote that he knows is the work of the children in his party, the political peter pans who still, with the united states of america careening towards def
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, attention, or stress to a young woman and her family." >>> two big names missing from the iowa straw poll ballot. texas governor rick perry and sarah palin. both gop stars are undeclared. perry says he will make a decision in a couple of weeks. palin will announce in a few months. >>> new jersey's governor chris christie insists he is not running in 2012, but he is hanging out in iowa today. he will speak at an educational conference in des moines and headline a political fundraiser for congressman steve king. >>> the hotel maid who has accused dominique strauss-kahn of sexually assaulting her is breaking her silence for the first time. in an emotional interview with news week magazine, she swears she's telling the truth and wants the ex-imf head to go to prison for what he has done. she says, "i want him to go to jail. i want him to know there are some places you cannot use your power, you cannot use your money." joining us is former sex crimes prosecutor and criminal defense attorney ricky clayman. nice to see you. nice to have you in studio. we rarely see an accuser come forth before a
friday, everybody, i'm contessa brewer. the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically trying to tweet his stalled bill to get support from conservatives to get it through the house. >> time is presently short and that is an understatement. >> senator majority leader harry reid's tired of waiting. >> i would ask my friends, my republican friends break away from this thing going on in the house of representatives. >> so today reid's going it alone moving forward with his debt plan. it cuts more than $2 trillion in federal spending and extends the
Search Results 0 to 16 of about 17 (some duplicates have been removed)